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9. Wing Air, Inc. has provided the following information. -Common stock beta 2.26 -Risk-free rate 4.7 percent -Expected return on the market 10 percent Calculate

9. Wing Air, Inc. has provided the following information.

-Common stock beta 2.26

-Risk-free rate 4.7 percent

-Expected return on the market 10 percent

Calculate the companys cost of equity capital?

	Input Area:


	Beta	2.26
	Risk-free rate	4.7%
	Market return	10%


	Output Area:


	Cost of equity = ?

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